Annual sales, in millions of dollars for 21 pharmaceutical companies follow. a. Provide a five-number summary. b.

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Annual sales, in millions of dollars for 21 pharmaceutical companies follow.

Annual sales, in millions of dollars for 21 pharmaceutical companies


a. Provide a five-number summary.

b. Compute the lower and upper limits.

c. Do the data contain any outliers?

d. Johnson & Johnson’s sales are the largest on the list at $14,138 million. Suppose a data entry error (a transposition) had been made and the sales had been entered as $41,138 million. Would the method of detecting outliers in part (c) identify this problem and allow for correction of the data entry error?

e. Show a boxplot.

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Essentials Of Statistics For Business And Economics

ISBN: 9781305081598

7th Edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

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